As an Option Moves Further Out-Of-The-Money, Delta Moves Toward ________

question 63

Multiple Choice

As an option moves further out-of-the-money, delta moves toward ________.

• A) 1
• B) 0
• C) -1
• D) large negative numbers

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Definitions:

Mixture

A combination of different elements or substances not chemically bound to each other.

Canadian Dollar

The official currency of Canada, symbolized as CAD or C$.

UK £

The official currency of the United Kingdom, symbolised as £ and known as the British Pound Sterling.

Depreciates

Depreciates refers to the decrease in value of an asset over time due to use, wear and tear, or obsolescence.